Aristocrat acquisition of Playtech in limbo as JKO handed extension

FTSE 250 supplier postpones shareholder meeting to sanction sale as JKO threatens Aristocrat deal

Playtech has aborted its upcoming shareholder meeting vote on the proposed acquisition of the firm by slots manufacturing giant Aristocrat. The original meeting, scheduled for 12 January, has been postponed until 2 February with Playtech continuing to court interest from Eddie Jordan-backed entity JKO Play following its initial approach in November. In December, JKO had…

Aristocrat | Eddie Jordan | M&A | Playtech | Strategy